US West Coast ports gained market share in August after labor deal -report

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

By Lisa Baertlein LOS ANGELES (Reuters) - U.S. West Coast ports, which reached a labor deal with their workers this summer, gained market share in ...

STORY CONTINUES BELOW THESE SALTWIRE VIDEOSBy Lisa Baertlein

For more than a year, as worker labor talks dragged on, West Coast ports lost market share. Worried shippers diverted containers filled with everything from furniture to food to ports on the East Coast and Gulf of Mexico. August market share for the biggest West Coast ports rose 3.6% from July to 41.9%, while the top ports on the East and Gulf Coasts fell 3.3% to 43.1%.

The Port of Los Angeles, historically the nation's busiest, handled 47,095 more TEU in August than July, an increase of 12.9%. The adjacent Port of Long Beach gained 12.1%, after adding 35,996 TEU.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 45. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US West Coast ports gained market share in August after labor deal -reportU.S. West Coast ports, which reached a labor deal with their workers this summer, gained market share in August from the previous month, while their main rivals on the East Coast lost ground, Descartes Systems Group said on Monday. For more than a year, as worker labor talks dragged on, West Coast ports lost market share. Worried shippers diverted containers filled with everything from furniture to food to ports on the East Coast and Gulf of Mexico.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »